Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 


Two Thirds Wary Of TPP That Allows Foreign Investors to Sue

Media release: FIRST Union
Wednesday December 12, 2012

Two Thirds Of New Zealanders Wary Of TPP That Allows Foreign Investors To Sue

A new poll shows two thirds of New Zealanders are wary of a Trans Pacific Partnership that has rules allowing corporations to sue governments.

A telephone survey conducted by Consumer Link asked respondents whether they would support New Zealand signing trade and investment treaties that would allow the government to be sued by foreign investors in private offshore tribunals.

64% of respondents said New Zealand should reject treaties with these clauses, and just 13% said we should sign them. 24% were unsure.

Investor state dispute settlement mechanisms are common in trade agreements promoted by the US, such as the North Atlantic Free Trade Agreement.

Robert Reid, General Secretary of FIRST Union, said the poll demonstrated that New Zealand should follow Australia’s lead in rejecting the inclusion of these mechanisms in a TPP.

“The great myth promulgated by the branding of the TPP is that it is primarily about trade. The pervasive rules regarding investment are the ones that are most concerning,” Robert Reid said.

“Governments must be free to enact laws that meet the needs of their country, without the threat hanging over them of being sued in unaccountable, offshore tribunals.”

“Two years ago, John Key described the inclusion of investor-state enforcement powers in a TPP as “far-fetched” and said he expected New Zealand would support Australia’s position in rejecting such a mechanism.”

“The public clearly support this stance. John Key needs to explain which side he’s on,” Robert Reid said.

--
The telephone survey was conducted by Consumer Link (a part of Colmar Brunton Research). The results are un-weighted. The poll question is below.

Background to PM’s 2010 comments
Listen to the Prime Minister’s 2010 comments (at his post cabinet press conference) about investor state dispute settlement here: http://img.scoop.co.nz/media/audio/1011/PMonAPECandTPP.mp3 on the Scoop website. Or watch the relevant questions here: http://www.youtube.com/watch?v=S_OCDf_evaA Discussion is at 38 mins, 5 seconds, on the YouTube clip; the scoop audio is just the two minutes of the media conference relating to this issue.

Poll question:

New Zealand is currently negotiating a free trade and investment treaty with ten other countries called the Trans Pacific Partnership. As part of the negotiations, there is a proposal to allow foreign investors to sue governments in private offshore tribunals if government actions threaten their future profits. The US advocates it while Australia says it would not sign a deal with this in it. Which one of the following statements do you most agree with:

1 New Zealand should reject trade and investment treaties that would allow the government to be sued by foreign investors in private offshore tribunals - 64%
2 New Zealand should accept terms that would allow investors to sue the government in this way if that is what is required to get a Trans Pacific Partnership deal - 13%
3 No opinion / Can’t choose - 24%

~~~~~~~~

The National Distribution Union and Finsec joined forces in October 2011 to form New Zealand’s newest union – FIRST. The union represents 27,000 people working in Finance, Industrial (Textile and Wood) Retail, Stores & Transport. http://firstunion.org.nz

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Digital Evolution: Scoop Independent News Launches "Operation Chrysalis"

From today Scoop is beginning a process of public consultation with the political, business and civil society groups it has served for the past 15 and a half years.

"It is hoped that in time - with new leadership and increased community engagement - the chrysalis will incubate a new kind of Scoop, one which can sustainably continue Scoop's Mission 'to be an agent of positive change'", says Scoop Founder, Editor and Publisher Alastair Thompson.

"As big publishing shrivels, public participation in contributing and spreading news has grown. Scoop has evolved with this wave by providing an independent platform, committed to upholding democracy, providing a voice to all, and providing the public easy access to information about decisions which affect them." More>>

 

Parliament Adjourns:

Greens: CAA Airport Door Report Conflicts With Brownlee’s Claims

The heavily redacted report into the incident shows conflicting versions of events as told by Gerry Brownlee and the Christchurch airport security staff. The report disputes Brownlee’s claim that he was allowed through, and states that he instead pushed his way through. More>>

ALSO:

TAIC: Final Report On Grounding Of MV Rena

Factors that directly contributed to the grounding included the crew:
- not following standard good practice for planning and executing the voyage
- not following standard good practice for navigation watchkeeping
- not following standard good practice when taking over control of the ship. More>>

ALSO:

Gordon Campbell:
On The Pakistan Schoolchildren Killings

The slaughter of the children in Pakistan is incomprehensibly awful. On the side, it has thrown a spotlight onto something that’s become a pop cultural meme. Fans of the Homeland TV series will be well aware of the collusion between sections of the Pakistan military/security establishment on one hand and sections of the Taliban of the other… More>>

ALSO:

Werewolf Satire:
The Politician’s Song

am a perfect picture of the modern politic-i-an:
I don’t precisely have a plan so much as an ambition;
‘Say what will sound most pleasant to the public’ is my main dictum:
And when in doubt attack someone who already is a victim More>>

ALSO:

Flight: Review Into Phillip Smith’s Escape Submitted To Government

The review follows an earlier operational review by the Department of Corrections and interim measures put in place by the Department shortly after prisoner Smith’s escape, and will inform the Government Inquiry currently underway. More>>

ALSO:

Intelligence: Inspector-General Accepts Apology For Leak Of Report

The Inspector-General of Intelligence and Security, Cheryl Gwyn, has accepted an unreserved apology from Hon Phil Goff MP for disclosing some of the contents of her recent Report into the Release of Information by the NZSIS in July and August 2011 to media prior to its publication. The Inspector-General will not take the matter any further. More>>

ALSO:

Drink: Alcohol Advertising Report Released

The report of the Ministerial Forum on Alcohol Advertising and Sponsorship has been released today, with Ministers noting that further work will be required on the feasibility and impact of the proposals. More>>

ALSO:

Other Report:

Leaked Cabinet Papers: Treasury Calls For Health Cuts

Leaked Cabinet papers that show that Government has been advised to cut the health budget by around $200 million is ringing alarm bells throughout the nursing and midwifery community. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Politics
Search Scoop  
 
 
Powered by Vodafone
NZ independent news